Living Trust Seminar
In Tough Times, Can You Afford to Make Any of These 10 Mistakes?
Unfortunately, we have found that most people make at least one of 10 critical estate planning mistakes...mistakes that down the road may cost you and your family needless suffering, as well as unnecessary court fees, attorney's fees, taxes, nursing home bills and exposure to the claims of in-laws and other unscrupulous parties!
If you're a homeowner, whether you only have a few other assets or you have significant wealth, the typical first step in properly protecting your lifetime's hard earned assets is setting up a Living Trust. That sounds simple enough, but is it? Have you done it (or will you do it) right?
Sadly, many people and their families fall victim to believing that "All Living Trusts are the same" or "Once I set up my Trust, there's nothing more to ever do."
If you have a Living Trust or are thinking about setting up one, you owe it to yourself and to your family to find out the following...
- Will your Living Trust protect your loved ones from losing their inheritance to divorces, lawsuits, creditors and government claims?
- Does your Trust contain a special "legacy" provision to help build your family's wealth, free of estate taxes, for several generations? (Think about it...won't estate taxes have to go up to pay for all the huge government "bailouts"?)
- Will your Trust actually keep you and your family from suffering through expensive and lengthy Court proceedings, if you become disabled, unable to act or pass away?
- Will your Living Trust give your Trustee the tools to qualify you for Medi-Cal benefits if you need long term nursing care and want to protect your estate from being wiped out by nursing home bills?
- If you are married, do you have the right kind of "A-B" Trust - - not to only avoid needless estate taxes, but also allow your surviving spouse to avoid needless paperwork and fees?
- Are your Health Care documents and your Living Trust properly up to date with recent "HIPAA" and "CMIA" laws - - so the person you've named to act when you're ill or disabled can do so immediately, rather than be forced to go to court?
- Do you have a simple but invaluable "Emergency Card" to make sure your Health Care decision-making documents will be available right away if and when you are rushed to the hospital?
- Are your company retirement plans and IRAs properly protected by your Living Trust alone? (Thanks to new IRS rules, these accounts may someday represent huge assets to your loved ones and, even if they currently total only $150,000, your family could lose over a million dollars in the future, if these accounts are not planned for properly today!)
- Should you have planning, beyond the Living Trust, to protect your home, rental property or other valuable assets from attacks by lawsuits or creditors during your lifetime?
- Do you and your loved ones have an "Owner's Manual", a "Trustee Manual" and a "Beneficiary Manual" to turn to for invaluable guidance right away when the time comes? (No matter how good your Trust "vehicle" is, it still needs to be driven properly!)
How much will these mistakes cost you and your loved ones if you don't correct them now?
Regardless if you're married or single, have a large or small estate, or have a Living Trust or are thinking about getting one, you should find out now whether the estate plan you have (or the one you'll get) contains these and other critical mistakes - - and, if so, how to fix them - - by attending our free seminar!
IRA Inheritance Trust® Seminar
Will Your Family Lose $1 Million or More If You Don't Have an "IRA Inheritance Trust®"?
If you have IRAs (plus company retirement plans) totaling in excess of $150,000 (husband and wife combined), then thanks to new tax laws, they may eventually be worth over $1 million to your loved ones - - if you plan properly now!
Learn why your Living Trust may not be enough to properly protect your IRAs. Find out how this separate, cutting-edge trust may help you:
- Assure that your beneficiaries take advantage of the maximum income tax "stretchout" and allow your IRA to compound income tax-free - - possibly for generations!
- Pass your IRA from your children to your grandchildren - - estate tax-free!
- Protect your loved ones from losing your IRA to a divorce, lawsuit, creditors or government claims!
- Prevent your beneficiaries with poor money-management skills from blowing it all!
Other Seminars
Occasionally we hold other seminars on various topics of interest for our clients and prospective clients. These topics can range from advanced estate planning techniques, income and estate tax saving strategies and other numerous financial planning opportunities.
Private Seminars
Part of a group, club, organization or company that is interested in having us hold a FREE private estate planning seminar for your members or employees? E-mail us at seminars@kaveshlaw.com for more information.